“We observe” – LHDN Urges Influencers & TikTokers To Voluntarily Declare Income
The Inland Revenue Board (LHDN) is targeting 50,000 taxpayers who will appear in the Special Voluntary Disclosure Program (SVPD 2.0) special voluntary declaration program from June 1 until the end of next year.
Based on a report by Buletin TV3, the Chief Executive Officer of LHDN Datuk Mohd Nizom Sairi shared that they expect business owners who started small, have grown and have become eligible to pay tax to come forward. This is in addition to individuals and companies that have never reported their incomes before.
This is more so for influencers and TikTokers who earn incomes through their services online.
“Because they are active openly in public, we observe, this is a reminder not a warning, that the revenue board (LHDN) sees what is happening, come forward, this is the best opportunity in SVPD 2.0,” he explained.
The department believes that the income of influencers and TikTokers can clearly be assessed through the number of followers in addition to viewing content that has been uploaded online. LHDN has also implemented the initiative to hold engagement sessions with this group to understand and to get feedback.
“We actually have an initiative with them and get feedback on the form of income they receive, we have given advice, to come forward and report their income,” he added.
The voluntary declaration program was announced at the presentation of Budget 2023 by Prime Minister Dato’ Seri Anwar Ibrahim (DSAI), allowing amnesty of 100% penalty on unpaid direct and indirect taxes helping to increase government revenue in addition to benefitting taxpayers who wish to take advantage of the initiative.
What do you think about this? Do feel free to share in the comment section.
Also read: Here’s What You Need To Know In Regards To Muhyiddin Yassin’s Current Corruption Case
M’sian Couple Who Works as Massage Therapists is Charged For Selling 20yo OKU Daughter For Sex
Members from the differently-abled community often get taken advantage of by others. However, what makes the situation even worse is...
PAS Wants Thai Hot Guys Out of the Country, DBKL Confirms Bar’s License Has Expired Since Feb 2021
It’s not surprising that the scheduled appearance of Thai Hot Guys receives criticism, as PAS already issued a statement this...
Elderly Doctor Attacked in Ampang Just Because He Didn’t Stop When Asked After Getting Collided Into
Due to not stopping when asked to, an elderly man had been punched, kicked and had his hair pulled in...
Rosmah Allowed To Travel To S’pore For 6 Weeks To Visit Sick Grandson For Aidilfitri
Datin Seri Rosmah Mansor has been allowed to travel abroad for 6 weeks to visit family members, including her sick...
Road Users Can Pay Tolls With Debit & Credit Cards at 5 Highways Starting From September
Just yesterday (March 21), it was reported that the Ministry of Transport has instructed all agencies including public transport operators...
7 Men in Kelantan Receive Warning Notice for Wearing Shorts, During Raid in Shisha Restaurant
There are always rules that we are expected to follow at certain places, and failure to do so may result...
No More Touch ‘n Go Monopoly? Govt Orders For Open Payment System For Public Transport!
The Ministry of Transport has instructed all agencies including public transport operators under the ministry to implement an open payment...
Hannah Yeoh Will Be Summoned By PDRM To Testify On Cancelled ‘Jom Ziarah Gereja’ Program
The Royal Malaysia Police (PDRM) will call on Minister of Youth and Sports, Hannah Yeoh, to record evidence to assist...
Lifestyle24 hours ago
This Hidden Gem in KL Serves Affordable Authentic Japanese Ramen That’s Sinfully Delicious!
Social Stories4 hours ago
M’sian Couple Uses Lost Credit Card To Shop ‘Til They Drop, Returns It After They Had Gone Viral
Social Stories24 hours ago
M’sian Always Cries When His Wife Tells Him To Stay Home, Netizens Think He’s Manipulating Her
Social Stories23 hours ago
From Dancing to Acting! Viral Roasted Pork Seller Who Dances to Blackpink Joins the Casts of a Local Film